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Labour Dumps FG’s Fresh ₦60,000 Wage Offer, Shifts To ₦494,000

The Organised Labour has again rejected a fresh minimum wage proposal by the Federal Government.

This time, the Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), rejected the offer of the Federal Government to pay ₦60,000 as new minimum wage for workers.

The Organised Labour also shifted ground from its ₦497,000 stance last week to ₦494,000.

A prominent member of the Tripartite Committee for the negotiation of a new minimum wage for Nigerian workers told Channels Television labour correspondent that the Federal Government and the Organised Private Sector (OPS) side of the talks proposed a ₦60,000 monthly minimum wage on Tuesday as against the ₦57,000 they proposed last week when the committee last met.

The government and the OPS had initially proposed ₦48,000 and ₦54,000 last week, which were also rejected by the Organised Labour.

The Organised Labour had also presented ₦615,000 as the new minimum wage but saw reasons to drop their demand to ₦497,000 last week and then to ₦494,000 on Tuesday (today).

Tuesday’s meeting was, however, deadlocked as talks ended without an agreement on what to pay as a new minimum wage.

The Tripartite Committee for the negotiation of a new minimum wage for Nigerian workers is yet to agree on a new minimum wage just about three days before the May 31 deadline the labour unions gave to the government to conclude the negotiations.

The labour unions said the current minimum wage of ₦30,000 can no longer cater for the wellbeing of an average Nigerian worker, lamenting that not all governors are paying the current wage award which expired in April 2024, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act should be reviewed every five years to meet up with contemporary economic demands of workers.

NLC President Joe Ajaero had described as “unsubstantial”, the fresh proposals by the government. “It is still not substantial compared to what we need to make a family moving,” the labour leader had said of the current ₦30,000 wage paid to workers in the country.

“The economy of the workers is totally destroyed. In fact, the workers don’t have any economy. I think there are two economies in the country; the economy of the bourgeoisie and the economy of the workers. I think we have to harmonise this so that we can have a meeting point,” Ajaero had said.

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Tinubu To Address Joint NASS Sitting On May 29

President Bola Tinubu will address a joint sitting of the National Assembly (NASS) on Wednesday, May 29, 2024.

The Clerk to the National Assembly, Sani Tambawal, in a statement, said the President will address the lawmakers on state of the nation and commission the NASS Library.

“This is to inform Distinguished Senators and Hourable Members that as part the event to commemorate 25 years of unbroken democracy and Legislature in Nigeria, there will be joint sitting of both the Senate and the House of Representatives on Wednesday 29 May, 2024,” the statement partly read.

“President Bola Ahmed Tinubu GCFR, will address the joint sitting on state of the nation and also commission the National Assembly Library.

“Distinguished Senators and Honourable Members are expected to be seated by 9am.”

President Tinubu, who was sworn in on May 29, 2023, will mark his first anniversary in office on Wednesday. The Tinubu government introduced some reforms like petrol subsidy removal and unification of the foreign exchange windows but continues to battle the effects of such policies with soaring inflation rates and high cost of living crisis. The President’s handling of the state of the economy has attracted criticism from many Nigerians including elder statesmen and the Organised Labour like the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).

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Labour Dumps FG’s Fresh ₦60,000 Wage Offer, Shift To ₦494,000

The Organised Labour has again rejected a fresh minimum wage proposal by the Federal Government.

This time, the Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), rejected the offer of the Federal Government to pay ₦60,000 as new minimum wage for workers.

The Organised Labour also shifted ground from its ₦497,000 stance last week to ₦494,000.

A prominent member of the Tripartite Committee for the negotiation of a new minimum wage for Nigerian workers told Channels Television labour correspondent that the Federal Government and the Organised Private Sector (OPS) side of the talks proposed a ₦60,000 monthly minimum wage on Tuesday (today) as against the ₦57,000 they proposed last week when the committee last met.

The government and the OPS had initially proposed ₦48,000 and ₦54,000 last week, which were also rejected by the Organised Labour.

The Organised Labour had also presented ₦615,000 as the new minimum wage but saw reasons to drop their demand to ₦497,000 last week and then to ₦494,000 on Tuesday (today).

Tuesday’s meeting was, however, deadlocked as talks ended without an agreement on what to pay as a new minimum wage.

The Tripartite Committee for the negotiation of a new minimum wage for Nigerian workers is yet to agree on a new minimum wage just about three days before the May 31 deadline the labour unions gave to the government to conclude the negotiations.

The labour unions said the current minimum wage of ₦30,000 can no longer cater for the wellbeing of an average Nigerian worker, lamenting that not all governors are paying the current wage award which expired in April 2024, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act should be reviewed every five years to meet up with contemporary economic demands of workers.

NLC President Joe Ajaero had described as “unsubstantial”, the fresh proposals by the government. “It is still not substantial compared to what we need to make a family moving,” the labour leader had said of the current ₦30,000 wage paid to workers in the country.

“The economy of the workers is totally destroyed. In fact, the workers don’t have any economy. I think there are two economies in the country; the economy of the bourgeoisie and the economy of the workers. I think we have to harmonise this so that we can have a meeting point,” Ajaero had said.

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Reinstatement of Sanusi as Emir of Kano: Protests erupt in Gaya over dissolution f Emirates

Residents of Gaya in Kano State on Sunday took to the streets to protest against the dissolution of the Gaya Emirate by the state government.

Gaya Emirate is among the emirate councils recently dissolved by the Kano State Government after the Kano Emirates Council Law of 2019 was amended. The new law, enacted by the New Nigeria Peoples Party (NNPP)-controlled House of Assembly, undid the law that former Governor Abdullahi Ganduje used in 2020 to create the additional emirates and dethrone the 14th Emir of Kano, Muhammadu Sanusi II.

The dissolution of the emirate councils was finalised when Governor Abba Yusuf signed the amendment bill into law on Thursday and ordered the emirs of the affected emirates, including Aliyu Ibrahim Abdulkadir, Emir of Gaya, to hand over to Deputy Governor Abdulsalam Gwarzo. Gwarzo oversees the Ministry of Local Government and Chieftaincy Affairs.

Residents reported that the dethroned emir vacated the palace at midnight on Thursday, with no immediate signs of violence or resistance. Armed security personnel were present in the town, maintaining order.

However, the situation took a turn on Sunday morning when they stormed the streets, wielding placards and chanting anti-government songs. They accused the government of political motives behind the dissolution and demanded the reinstatement of their emirate and the removed emir.

“Some people are not happy with this development. It feels like an injustice to our community,” said Abubakar Shuaibu, a resident of Gaya.

Another protester, Aminu Abdullahi, stated, “We see this as a political move to undermine our traditional institutions. The government should reconsider its decision and respect our cultural heritage.”

The protesters pledged their allegiance to the traditional leadership and called for the reinstatement of the Gaya Emirate.

Governor Abba Yusuf has yet to respond to the protests. However, the government’s initial stance suggests that the dissolution is part of a broader strategy to centralise control and streamline the traditional leadership structure in Kano State.

The developments continue to unfold as the affected communities await further clarification and possible resolutions from the state authorities.

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Eddie Efekoha sells insurance at Champion annual awards, recommends Consolidated Hallmark Insurance as top brand

Group Managing Director and Chief Executive Officer of Consolidated Hallmark Holding Plc Mr Eddie Efekoha aptly exploited the 2023 Champion Newspapers award ceremony which held in Lagos at the weekend as an opportunity to sell insurance to a very high profile audience.

Mr Eddie Efekoha had shortly after receiving an award as the 2023 Champion Newspapers Insurance Chief Executive Officer of the year taken to the podium to educate the audience on the need for them to secure insurance policies for all their assets and business ventures insisting that insurance remains the best safety measure for businesses and individuals.

According to him, it will take the transfer of insurable risks to competent insurance companies for businesses and individual to be free to embark on their normal activities considering that insurance companies will always come to their aids in the event of any unforeseen occurrences. Besides, he said that it is the power and cover of protection offered by insurance companies that encourages other sectors of the economy to be adventurous since they know that there is something like insurance to provide some form of compensation should anything go wrong.

Efekoha who is a former chairman of the umbrella body of insurance companies in Nigeria, the Nigerian Insurers Association (NIA) said that it is high time that Nigerians should take insurance as a way of life by adopting it to all their endevours.

It will be recalled that Consolidated Hallmark Insurance Limited won the 2023 Insurance Company of the Year Award at the event which also saw Mr Eddie Efekoha emerging top among insurance chief executive officers. Mr Efekoha was the Group Managing Director of Consolidated Hallmark Insurance Company as at 2023 which was the year of the award ranking.

Mr. Eddie A. Efekoha is currently the Group Chief Executive Officer of Consolidated Hallmark Holdings Plc. He is the immediate past Group Managing Director & Chief Executive Officer of the then Consolidated Hallmark Insurance Plc ,now Limited,  a position he occupied between 2007 to 2023. He provided the requisite leadership which culminated in the emergence of Consolidated Hallmark Holdings Plc, a non-operating Holdco with focus on holding portfolios of strategic investments and currently have the following member companies as subsidiaries; Consolidated Hallmark Insurance Limited, a General Business Insurance Company, CHI Microinsurance Limited, a Life Microinsurance Company, Hallmark Finance Company Limited, a Finance Company providing loans and finance to individuals, retails, SMEs and Corporates and Hallmark Health Services Limited, a Health Maintenance Organization (HMO). He is the Chairman of the Board of these thriving subsidiaries.

Mr. Efekoha was the 49th President & Chairman of the Governing Council of the Chartered Insurance Institute of Nigeria (2018-2020) and the 22nd Chairman of the Nigerian Insurers’ Association (2016-2018), the umbrella body of all licensed and operating insurance companies in Nigeria. In recognition of his industry leadership and skills, the National Insurance Commission made him the Chairman of the Technical Sub -Committee of the Insurers’ Committee. He is the current President of the West African Insurance Companies Association (WAICA), while at the continental level, he is the Chairman of the Book Review Committee of the African Insurance Organization.

At the early stage of his career, Eddie worked with leading insurance brokerage and underwriting firms including but not limited to Hogg Robinson Nigeria, Glanvill Enthoven Nigeria Limited, Fountain Insurance Brokers Limited and Consolidated Risk Insurers Plc from 1985 to 2007 during which he held senior executive positions.

On its part, Consolidated Hallmark Insurance (CHI) Limited is a leading General Business and Special Risks Insurance company in Nigeria. The company’s shares were earlier listed on the trading floor of the then Nigerian Stock Exchange NSE, now Nigerian Exchange Group Limited (NGX) on 22nd February, 2008. Following the emergence of a Holding Company structure, the shares were delisted in November, 2023 and replaced with those of Consolidated Hallmark Holdings Plc. Consequently, the company is now one of the subsidiaries of  Consolidated Hallmark Holding Plc.

Consolidated Hallmark Insurance has been in operation for over 20 years, having been incorporated on 2nd August, 1991 as a private limited liability company and commenced operations in 1992. It was converted to a public limited company in July, 2005 and in 2007 changed its name from Consolidated Risks Insurers Plc to Consolidated Hallmark Insurance Plc.

The company has become one of the top General Business and Special Risks Insurance underwriters in Nigeria today, earning a reputation over the years through effective leadership in the underwriting of Aviation, Oils and Gas, Marine Cargo and Hull Business and other non-life insurance underwriting including Motor Vehicles, Fire and Special Perils, Goods-In-Transit, Engineering Insurance, amongst others.

With a formidable team of highly experienced and committed professionals, the company has provided industry leadership at the top echelon of the Nigerian Insurers Association (NIA), the Chartered Insurance Institute of Nigeria (CIIN) and the West African Insurance Companies Association (WAICA).

The processes at Consolidated Hallmark Insurance are in line with international best practice, as certified by the International Standard Organisation with the ISO 9001:2015 Quality Management Systems, the second insurance company in Nigeria to be so certified. We have a Stable Outlook Rating (ANG) in 2023 from GCR Ratings, an affiliate of Moody’s Investors Service and are reknowed for being consistent with our financial obligations including prompt claims and dividends payments.

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Reinstated Sanusi receives appointment letter as Emir of Kano

Sanusi Muhammadu has received his letter of appointment as the 16th Emir of Kano, barely a day after he was reinstated by Governor Abba Yusuf.

He received the letter at the Government House in Kano on Friday at an event attended by top government officials, traditional rulers, kingmakers, and other dignitaries.

“By the powers conferred on me by the Kano Emirate Council Law of 1984 and 2024, and supported by the recommendation of the kingmakers, I have the singular pleasure to confirm the reappointment of Muhammadu Sanusi II as the Emir of Kano and the head of the Kano Emirate Council,” the governor said.

His reinstatement is coming four years after the immediate past governor of the state Abdullahi Ganduje dethroned him.

However, Governor Yusuf signed the Kano State Emirate Council (Repeal) Bill 2024 into law, and Sanusi was reinstated.

At the event, the governor reechoed the Emir’s role and urged him to lead according to Islamic tenets.

“As the Emir is being appointed for the second time, it is based on his competence, credibility, and popularity,” he said.

“I urge him to be guided by the principles of Islamic teachings and to use his position to unite the emirate, fostering harmony among the Islamic sects in the state.”

A court had granted an order, halting Sanusi’s reinstatement, and stopped the governor from dissolving the Kano Emirates created by the previous administration. But responding to the development, the governor while speaking in Hausa, said the judge who was out of the country had no right to stop what the state assembly had done using due process.

The Emir is expected to lead the Juma’at prayer at the Government House.

The new law signed by Governor Yusuf replaces the Kano State Emirates Council Law, 2019, and dissolves the emirate councils created by Ganduje.

That law was used by Ganduje to split the Kano Emirate into five in December 2019 and deposed Sanusi II, on March 9, 2020. The emirates created by the Ganduje administration were Karaye, Bichi, Rano, and Gaya, in addition to Kano.

But at Sanusi’s reinstatement event, Governor Yusuf said the 2019 move was a case of victimisation and narrated events leading to the reinstallation of Emir.

“We had a series of meetings with the Kingmakers yesterday, extensive discussions with the Speaker, and we also sat with all the heads of security. At the end of the day, we all gathered in the chamber where I received the bill that repealed the former law,” the governor said.

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Kano Assembly Passes Bill Dissolving Five Emirate Councils Created By Ganduje

The Kano State House of Assembly has officially passed a bill dissolving all five emirate councils in the state. This decision followed deliberations on the floor of the house during a plenary session held on Thursday.

The significant move came as the Kano State Emirate Council Amendment Bill was considered and passed after successfully scaling its second and third readings.

If signed into law, the move is expected to see the return of the 14th emir of kano, Sanusi II who was deposed in 2020.

The Deputy Speaker, Alhaji Muhammad Bello Butu Butu, articulated the rationale behind the dissolution.

He emphasized that repealing the law that divided the Kano Emirate into five separate entities would help “revive the lost glory of Kano.” He further stated, “The division of Kano Emirate into five reduced the capacity and dignity of the state at the national level.”

Echoing these sentiments, the Majority Leader, Alhaji Lawan Hussaini Dala, underscored the cultural implications of the previous division. “The emirate council served as a custodian of our culture, which was distorted by the creation of additional emirates,” Dala said. He elaborated that the amendment aims to restore the traditional prestige and unity of the Kano Emirate.

In a briefing with journalists, Dala explained that with the amendment of the law, all five emirate councils were now abolished. “The commissioner for local governments will serve as the overseer,” he added, highlighting the transitional governance structure that will be put in place.

Additionally, the House adopted a motion to create a new second-class emirate council in the state, signalling a restructuring of the traditional institutions to better align with the state’s cultural and administrative goals.

This legislative action marks a significant shift in the governance and cultural landscape of Kano State, aiming to restore the historical and cultural integrity of the region’s traditional institutions.

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Kano Assembly Moves to Amend Emirs Law Amid Calls For Sanusi’s Return

The Kano State House of Assembly has taken steps to amend the Kano State Emirs (Appointment and Deposition) Law which was previously employed by former governor Abdullahi Ganduje to dethrone the 14th Emir of Kano, Muhammad Sanusi II.

The decision was made during a plenary session on Tuesday following a motion moved by the Majority Leader, Hussien Dala, who represents the Dala constituency.

Monday’s proposed amendments come amidst growing calls for the reinstatement of the deposed Emir Sanusi who was removed from his position in a controversial move in 2020. The dethronement followed the 2019 amendment that divided the historic Kano Emirate into five distinct emirates, creating Rano, Karaye, Gaya, and Bichi Emirates and appointing First Class Emirs to lead them.

While presenting the motion, Dala stated, “The need to revisit the Emirs Law has become imperative to address the issues that have arisen from the 2019 amendment. We must ensure that our traditional institutions are governed by laws that reflect fairness and justice.”

There has been significant public pressure to restore Muhammad Sanusi II to his former position.

A resident of Kano, Mallam Ibrahim Musa, expressed his hope for Sanusi’s return, saying, “Sanusi is a man of integrity and vision. His removal was a great loss to Kano, and bringing him back would be a step towards rectifying past wrongs.”

The amendment process will involve thorough scrutiny and possible public hearings to ensure all voices are heard. The Speaker of the House, Abdulaziz Garba Gafasa, emphasized the importance of transparency and inclusiveness in the legislative process.

“We are committed to conducting a fair and open amendment process. All stakeholders will have the opportunity to contribute to the discussions,” he assured.

As the amendment process unfolds, the people of Kano await the potential reshaping of their traditional leadership landscape, hopeful that the changes will bring about a more harmonious and respected emirate system.

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Nigeria Won’t Need To Import Even A Litre Of Fuel By June, Says Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that with the plan the Dangote Refinery has in place, Nigeria will not need to import premium motor spirit (PMS) by next month.

Dangote said that the refinery, which has already started supplying diesel and aviation fuel in Nigeria, has the capacity to meet the diesel and petrol needs of West Africa and the aviation fuel demand of the entire African continent.

The richest man in Africa spoke as a panelist at the Africa CEO Forum Annual Summit in Kigali.

“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of a litre,” he declared.

Highlighted how far the oil company has come, Dangote expressed how they are focused in ensuring that the continent will depend less on importation in the nearest future.

“We have enough gasoline to give to at least the entire West Africa, diesel to give to West Africa and Central Africa. We have enough aviation fuel to give to the entire continent and also export some to Brazil and Mexico,” he said.

“Today, our polypropylene and our polyethene will meet the entire demand of Africa and we are doing base oil, which is like engine oil, we are doing linear benzyl, which is raw material to produce detergent. We have 1.4 billion people in the population, nobody is producing that in Africa.

“So, all the raw materials for our detergents are imported. We are producing that raw material to make Africa self-sufficient.

 “As I said, give us three or a maximum of four years and Africa will not, I repeat, not import any more fertilizer from anywhere. We will make Africa self-sufficient in potash, phosphate, and urea, we are at three million tonnes and in the next twenty months, we will be at six million tonnes of urea which is the entire capacity of Egypt. We are getting there.”

Dangote recalled how his dream for further investment in Africa as well as ending fuel importation in Africa has culminated in what is now one of the biggest refineries in the world.

“For some of us, despite the boom of the capital market of the US, you know, Google, Microsoft and the rest, we didn’t participate, we took all our money and invested in Africa.

“We had this dream, just about five years ago and we said we want to move from five billion (dollars) revenue to thirty billion revenue and we made it happen. It is possible and now we have made it happen and now we have finished our refinery.

“Our refinery is quite big, it is something that we believe that Africa needs. If you look at the whole continent, there are only two countries that don’t import petroleum products, which is a tragedy. They are only Algeria and Libya. The rest are all importers. So, we need to change and make sure that we don’t just go and produce raw materials, we should also produce finished products and create jobs.

Speaking further, the African richest man said, “One of the things we also need to know as Africans is that we produce raw materials and export them when you export raw materials and somebody now keeps importing things into your continent and dumping goods. what you are importing is poverty and exporting jobs. So, we have to change that narrative.”

“We just commissioned in February and now we are producing jet fuel, we are producing diesel and by next month, we will be producing gasoline. What that would do is that we would be taking most of the African crude that is being produced and also be able to supply not only Nigeria, because our capacity is too big for Nigeria, but it would also supply West Africa, Central Africa and also South Africa.

“We have 650,000 barrels per day, 1 million tonnes of polypropylene, we have 590,000 carbon black, that is the raw materials ink, dyes and co. We are expanding more. This is the first phase and we are going out to the next phase which will start early next year.”

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